Panvel’s Rs 38.73 Bn Budget Focuses on Growth and Welfare
ECONOMY & POLICY

Panvel’s Rs 38.73 Bn Budget Focuses on Growth and Welfare

The Panvel Municipal Corporation (PMC) has unveiled a transformative budget of Rs. 38.78 Billion, designed to enhance urban infrastructure, public welfare, and environmental sustainability. Presented by PMC Commissioner Mangesh Chitale during the Administrative Standing Committee meeting, the budget aims to make Panvel a more livable city—without imposing new taxes.

Solid Waste Management and Healthcare PMC has committed Rs 2.21 billion to solid waste management, ensuring efficient waste collection, transportation, and workforce management. Rs.113 million will be used to procure mega sweeping machines, and Rs100 million has been allocated to a Waste-to-Energy project in collaboration with CIDCO.

The healthcare sector has also received a major boost. Rs.126 crore has been allocated for medical facilities, including Rs.175 million for a 450-bed mother and child care hospital and Rs.10 crore for a 50-bed hospital in Kalamboli. Urban Primary Health Centers (UPHCs) in Kalundre, New Panvel, and Kharghar are already under construction.

Fire Safety and Emergency Services To enhance fire and emergency response capabilities, Rs.390 millionhas been allocated for modern equipment, including an advanced fire engine, an emergency rescue tender, and a 22-meter turntable ladder vehicle. Additionally, Rs.735 million will fund a water bowser, and Rs.170 million will support the construction of a new fire station in Kamothe.

Drainage, Education, and Security Enhancements PMC has dedicated Rs.1.78 billion to underground drainage and sewage management, including Rs400 million for a 15 MLD wastewater recycling plant and Rs.254.9 million for a 6.5 MLD sewage treatment center.

Educational infrastructure will receive grants for new school buildings, while Rs.830 million has been allocated for municipal school upgrades, teacher salaries, and skill development programs. Security measures will also be strengthened with Rs.1.07 billionset aside for a citywide CCTV surveillance system.

Market Outlook: Urban Development and Investment in Public Infrastructure Panvel’s growing urban landscape, fueled by rapid infrastructural expansion and increasing population density, makes strategic investments crucial. The city’s focus on sustainability, smart city initiatives, and public welfare aligns with broader national efforts to develop resilient urban centers. With real estate development on the rise and improved civic amenities, Panvel is poised to attract more investments and enhance the quality of life for its residents.

The Panvel Municipal Corporation (PMC) has unveiled a transformative budget of Rs. 38.78 Billion, designed to enhance urban infrastructure, public welfare, and environmental sustainability. Presented by PMC Commissioner Mangesh Chitale during the Administrative Standing Committee meeting, the budget aims to make Panvel a more livable city—without imposing new taxes. Solid Waste Management and Healthcare PMC has committed Rs 2.21 billion to solid waste management, ensuring efficient waste collection, transportation, and workforce management. Rs.113 million will be used to procure mega sweeping machines, and Rs100 million has been allocated to a Waste-to-Energy project in collaboration with CIDCO. The healthcare sector has also received a major boost. Rs.126 crore has been allocated for medical facilities, including Rs.175 million for a 450-bed mother and child care hospital and Rs.10 crore for a 50-bed hospital in Kalamboli. Urban Primary Health Centers (UPHCs) in Kalundre, New Panvel, and Kharghar are already under construction. Fire Safety and Emergency Services To enhance fire and emergency response capabilities, Rs.390 millionhas been allocated for modern equipment, including an advanced fire engine, an emergency rescue tender, and a 22-meter turntable ladder vehicle. Additionally, Rs.735 million will fund a water bowser, and Rs.170 million will support the construction of a new fire station in Kamothe. Drainage, Education, and Security Enhancements PMC has dedicated Rs.1.78 billion to underground drainage and sewage management, including Rs400 million for a 15 MLD wastewater recycling plant and Rs.254.9 million for a 6.5 MLD sewage treatment center. Educational infrastructure will receive grants for new school buildings, while Rs.830 million has been allocated for municipal school upgrades, teacher salaries, and skill development programs. Security measures will also be strengthened with Rs.1.07 billionset aside for a citywide CCTV surveillance system. Market Outlook: Urban Development and Investment in Public Infrastructure Panvel’s growing urban landscape, fueled by rapid infrastructural expansion and increasing population density, makes strategic investments crucial. The city’s focus on sustainability, smart city initiatives, and public welfare aligns with broader national efforts to develop resilient urban centers. With real estate development on the rise and improved civic amenities, Panvel is poised to attract more investments and enhance the quality of life for its residents.

Next Story
Equipment

Hyundai Expands Skid Steer Lineup with HS80V Debut

Hyundai Construction Equipment continues to strengthen its presence in the skid steer market with the launch of its latest model, the HS80V, at Bauma 2025. This 66.4-horsepower machine will join the previously released 70-horsepower HS120V, reaffirming Hyundai’s commitment to compact construction equipment. The company also offers the 70-horsepower HT100V compact track loader, though its availability in North America remains uncertain. The HS80V, weighing 3.2 metric tons, boasts a rated operating capacity of 1,951 pounds at 50% tipping load. It features a single-speed travel system, reachin..

Next Story
Equipment

Genie Unveils S-85 XC FE Hybrid & S-85 XC E Electric Boom Lifts

Genie has expanded its high-capacity boom lift lineup with the launch of the S-85 XC FE hybrid and S-85 XC E electric telescopic models. Designed for heavy lifting and all-terrain performance, these new machines provide a sustainable alternative without compromising power. Featuring lithium-ion battery technology, four independent AC drive motors, and active oscillating axles, these models mark Genie’s most advanced hybrid and electric products to date. Unveiled at the 2025 ARA Show, the S-85 XC FE and S-85 XC E are built to rival the diesel-powered S-85 XC, commonly used in steel erection,..

Next Story
Equipment

JCB Celebrates One-Millionth Backhoe with Artistic 4CX Tribute

Seventy years after JCB revolutionized the construction industry with the launch of its first backhoe, the company has celebrated a historic milestone—producing its one-millionth unit. The special-edition 4CX, adorned with a striking graffiti-style design by London-based mural artist Hatch, was presented to JCB Chairman Anthony Bamford in a grand ceremony at the company’s headquarters in Rocester, Staffordshire. Hundreds of JCB employees gathered to witness the event, including 100-year-old retired JCB welder Ken Harrison, who was part of the original production team that built the very f..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?